Today’s topic of discussion is all about the 5 Tips to Setting Realistic Business Goals. Most people think that setting goals are easy, and they are, but you need to get down to the specifics. Just what kind of business goals will help you create a successful business?
When it comes to setting your goals, it can be tricky to find that middle ground. If you set goals that are too high, you might get discouraged. If you set them too low, you may end up bored or complacent. You might even become disillusioned with your business. So how do you strike a balance?
The 5 Tips To Goal Setting
The tips below should help you to make your decisions.
1. What do you want?
First, you need to determine what you want. Go ahead and brainstorm – make a list as you do. Put it down on paper and don’t hold back.
2. Assess your list
Now, take a look at your list. Make a sub-list of steps you have to take to reach each of those goals and dreams. Are there some items on your dream list that involve steps you can’t take? If you cannot take the steps necessary to achieve that goal, then it needs to be modified or removed from your list.
What Comes Next?
As you are making your sub-list of steps, you need to develop definite strategies for those items on your dream list that are achievable. Being able to see what is necessary to achieve that dream can help you decide whether or not to pursue it. Because the strategy may in fact be doable, you might be unwilling to take those steps for personal reasons. That is fine; it’s your list and your goals.
Go ahead and don’t judge yourself – if you can’t/don’t want to adopt a certain strategy for your own reasons, then cross that goal off the list. The point is to narrow things down.
Determine a timeline for your goals. Do you need to make more money right now, as in this month? Or do you have more long-term goals, such as eventually quitting your day job? On your master list, write down your timeline. This will help you further narrow things down – if the goal can’t be reached within your allotted time, then it doesn’t belong on your list of goals.
Being 100% Honest
5. Know yourself
So, one of the keys to succeeding is to be really honest about your strengths and weaknesses. Sometimes we think we can do it all, or do anything…and other times we think we can’t do anything. Neither of these extremes is likely to be true! If you can, ask others what they think they can see you doing. Once again, break out your pencil – list things you like to do and abilities you feel confident about. Just about any skill or attribute can be channeled into helping your business succeed.
These list-making exercises can help narrow down your goals and keep them realistic and reachable.
Need help figuring out how to create your goals? Let’s set up a time to do that. Here’s my booking link to make it easy for you to schedule a time to get together. → Calendar Link I would be more than happy to help you.
If you missed the SMART GOALS WORKSHEET you can get it here →Worksheet
I hope you enjoyed today’s article on goal setting. See you next time!
Why it’s important to set goals for your business is today’s topic of discussion. Why do you think they are important? Bet you can’t guess what mine are!
The Importance of Setting Good Goals
Goals are very important when it comes to the success or failure of your business. Why are they so important? Goals act as a roadmap for you to follow. They let you know where you are going, and if you are getting there on time. You wouldn’t get in your car and start driving without having a destination planned out. So why would you approach your business that way?
I know I always get out my phone and pull up Google Maps and put in my destination before I even drive out of my driveway. Do the same for your business, you need a real destination before you get lost.
Targeting your Goals
All goals should have a few things in common. A goal should define what you are trying to accomplish and when you want to accomplish it. Goals should be realistic and there should be a way to measure them. All goals should be written down and available for viewing on a regular basis.
Simply writing the goal down will significantly increase your odds of achieving it and having it displayed as a visual reminder will also help motivate you.
Even if you have never taken the time to set goals for your business, you are actually very familiar with the process. At some point in your life, you have more than likely taken out a pen and paper and mapped out a plan for accomplishing some type of task.
Writing out goals for your business is no different than writing out your grocery list.
Mapping out the Process
By clearly defining your goal, you are telling yourself where you are going. Instead of having a goal of “I plan to spend more time promoting my Virtual Assistant business”, clearly define the goal as “during the next three weeks, my goal is to spend 10 hours per week promoting my Virtual Assistant business”.
The second goal tells you what you are going to do and for how long you are going to do it. This is mapping out the process. Creating a roadmap for you to follow.
Once you know where you are going and when you want to be there, you can figure out how you are going to get there. Using the example above, you know that for the next three weeks, you need to be spending 10 hours per week promoting your business.
Now you can start defining mini-goals. Do things such as writing articles and submitting them to reprint directories. Try emailing past clients and letting them know you are accepting new projects. Send press releases to the media, and so forth. You get the idea now right?
Your Intent of Creating Goals
Goals can also serve as a great way to challenge yourself. Are there some things you have been meaning to do, but keep putting off? Start setting weekly challenge goals. Do things such as blogging one post each day for a week straight.
Or adding a new message each day to your autoresponder or even writing an article each day and submitting it to a reprint directory.
Rewards for your Goals
Have fun with your goals and reward yourself with a gold star when you accomplish one of them. Once you have collected 10 gold stars, treat yourself to a spa day or some other indulgence.
By setting and achieving goals you will find your business taking off and will feel a great sense of enthusiasm and accomplishment.
One of my goals is to help other women in business reach their goals.
I offer one on one mentoring services, so if you’re looking for help with your goals reach out to me. Use this link to check out what I offer and let’s set up a meeting to discuss. Meet with me here.
Today’s topic of discussion is all about the Five Things You Can Do Today to Achieve Your Goals. There is a lot more to achieving any goal than just having the goal. But it is the first step.
You may wonder how some people seem so great at achieving their goals while other people aren’t so good at it. Part of the reason why some people fail is that they do not have a specific goal, one that is clear and focused. In addition, they do not have a schedule of action to actually work toward achieving the goal.
In order to meet any goal, start with these 5 things:
Clear, Specific, and Doable Goals
Each Goal Needs Set, Actionable Tasks
Take Action on Each Goal
Rinse and Repeat
How To Create Clear Goals
For any goal to be achievable it must first be clear and very specific. It also must be possible. You do want to challenge yourself a bit and set the goal high. But you want to ensure that any goal you set is possible. Therefore, you will need to do a little research in order to set a goal.
For instance, let’s say your ultimate goal is to lose 50 pounds. Obviously, anyone who needs to lose 50 pounds and sets their mind to it can do so. But they can’t and shouldn’t do it in one month. So an unreasonable goal is “I want to lose 50 pounds in a month.”
Instead, a more reasonable and doable goal is to state “I want to lose 50 pounds in 30 weeks.” This is in line with health recommendations not to lose more than 2 pounds per week and gives you a little cushion for plateaus and other issues.
Being Specific With Your Goals
Any goal that you really want to meet needs to have the “why” and the “how” included with the “what” of the goal. In the example above you want to lose 50 pounds in 30 weeks, which will be a little less than 2 pounds per week. You’ll need to look at your diet, compute the number of calories you should consume and the amount of exercise you need to see those results.
Thankfully, today there are online calculators to help you determine this easily. But let’s say that you determine that if you consumed 1800 calories a day, and walked for 20 minutes each day, you would achieve the goal that you set within the time limit.
So, now you need to include planning your meals and fitting in the exercise necessary to reach your goal. But because of the research you did, you know exactly what is needed to be successful with the goal you set.
Planning The Tasks
You can see a clear path to success just by going further and adding these actionable tasks:
* Eat 1800 calories a day * Walk fast for 20 minutes per day
Seeing that in black and white you can see that it’s very doable and achievable. But, there are a few more steps necessary to achieve your goals.
Scheduling Your Goals
Do not leave anything to chance. Instead, schedule the work necessary to reach your goals into a real calendar. Writing a list isn’t good enough – you need to schedule everything so that you don’t miss a single day due to losing track of your schedule. You’ll need time to eat healthier, which requires more chopping and cooking. And you’ll need time to fit in the exercise, which is going to really take more than 20 minutes due to prep time and recovery time. You need to be realistic about how long each thing will take and schedule them into your day properly.
No goal will ever be achieved if regular action isn’t taken each day. Each morning, look at your calendar and follow through on the plans that you’ve made and the criteria you’ve set for yourself to get things done. All you have to do is the minimum necessary each day to reach your goal. When you get through each day having done the minimum, you’re a success – each and every single day. There is nothing else that can be the result of daily activities other than success when you think of it this way.
Finally, you’ll need to repeat these steps every single day. When you make very specific and clear goals with very specific steps to achieving the goal, you will soon discover the secret to success that seems to escape so many people. The real secret is in the doing. It’s like going on a long hike – if you take one step at a time, moving in the direction of the map that you’ve planned out for yourself, you will get to the end and you will be a success.
Reaching your goals is just a matter of setting reasonable and realistic goals, and then setting up a schedule of actionable tasks and steps that bring about the end result you want.
You can start today to achieve your goals. I hope you enjoyed today’s article on the Five Things You Can Do Today to Achieve Your Goals.
Remember, I am always here for you if you need help with creating your goals. I offer one on one mentoring sessions that will help you create, plan and execute your goals.
Just sign up by using the link above. Pricing starts as little as $55.00, yes…really!
Today’s topic for our goal series is How to Prioritize Your Goals. In order to prioritize your goals, you’ll need to have a good understanding of what you need to be happy in your life.
The Four Areas of Goal Setting
Below are the typical four areas in which most people make goals:
1. Family – Spending more time with your kids or partner 2. Financial – Saving toward your six-month emergency cash or starting a business 3. Physical – Being healthy and more active 4. Personal – Getting more education, or devoting more time to spiritual pursuits
Where Will YOU Focus?
Within each of these areas are numerous concerns, but most goals can be summed up into one of these four areas. As to which goals are most important at any given time, you’ll need to ask yourself some questions to determine where to place your focus.
Which goals nag at you most often?
– What keeps you up at night that worries you? Are your finances suffering because you cannot earn enough money at your current job? You’d like to figure out how to get off the debt treadmill? This is a goal that fits in with all four of the areas. Financial stress can cause a lot of problems with your health. And even your personal development as well as cause problems within the family.
Which goals can be accomplished most easily?
– Some goals are very short-term but give maximum impact without too much work. For instance, maybe you have a goal of walking 15 minutes per day. This goal may only fit in with the personal and physical areas above, but walking 15 minutes per day will not take much away from the other areas. This can give you huge results and a feeling of accomplishment.
Compile A List Of The Most Critical
Which goals would give you the most pride in yourself?
– Will you feel better if you lose 20 pounds or will you feel better if you spend 20 minutes extra with your son? Keep in mind there is no wrong answer, although being healthy might ultimately give you more time in terms of years with your son.
Which goals have the most permanent results?
– When choosing whether to spend that extra money on your degree, determine how permanent the results will be. Realize that no one can take that degree from you; it will always be an accomplishment. What is it worth?
Estimate What Is Important
Which goals will still impact me in 5 years, or 10 years?
– If you start a business today, and work daily toward meeting the goals of that business, what will be different in five or ten years? How will that impact you now and in the future?
Which goals align with your core values in life?
– Any goal that fits into all four areas of your life is worth pursuing if it also fits into your schedule at the time.
What Goals You Control
Which goals are completely up to you, that you control 100 percent?
– Remember that you cannot control what anyone else does. So if any goal relies on the participation of someone else, and you don’t have their participation, you might want to switch gears and focus on something only you control.
Which goals are just for you?
– Some goals are completely personal in nature and have nothing to do with anyone else. For instance, you might want to read a particular author that has nothing to do with anything but your own pleasure. This is totally alright.
Which goals are just for others?
– There are “shoulds” that often get in the way of proper goal setting and these are goals that are only for other people. Your spouse wants you to lose weight, your mom wants you to go to college, your best friend wants you to start a business. None of these are a good reason to do something, although as long as you know going in why it’s okay to make it a goal.
Are Your Goals Rational?
Which goals cause you the most fear? Why?
– Sometimes the very thing you fear most is what’s best for you to do. Look clearly at your goal and figure out why it frightens you. Sometimes it’s the unknown, and like ripping off a Band-Aid, just doing it might be the best cure.
Which goals make you excited?
– Some goals immediately send tingles down your body and into your mind, pushing you forward to doing it. These are goals that are easy to do and probably impact your life a lot. However, do pay attention because if it’s a goal of becoming the high scorer on a video game you might want to question your “why”.
Which goals are most realistic?
– The best goals to put first are the goals that best fit into your life today, cover all four areas of life, and still fit into your schedule and where you control 100 percent of the effort.
When you answer all these questions, you’ll be able to see how the goals practically organize themselves.
Try making a spreadsheet and adding each goal to the four areas, then choosing the ones that cross the most areas to add to your schedule first.
One of the biggest mistakes people make when seeking to achieve a goal is to wait for inspiration and motivation. Today’s topic of discussion on our series on goals is all about How to Find Motivation to Achieve Your Goals. Imagine if everyone on this planet was waiting for motivation to get work done.
Productivity would drop to nothing, and our economy would collapse. Since productivity has improved over the years, it’s not likely that it has anything to do with real motivation. People are still doing the things they have to do in order to achieve a goal. Aren’t you?
Goals or Motivation?
Sometimes their goals might be set by them or their employer. It doesn’t matter who set it – it’s set, and someone is going to get it done. Am I right? How sad that in some cases people fail at so many things simply by ignoring the fact that motivation isn’t really necessary; only doing is.
They sit around waiting for inspiration to come wondering why everyone else is doing better than them. They’re waiting for some spark of motivation that will never arrive.
You can avoid this issue by realizing the truth.
Motivation Doesn’t Exist But What’s the Intention?
You probably have heard of the myth of the starving artist who can’t paint or the writer with writer’s block. It’s interesting that these creative professions have the same myth. Like weight loss, that some secret motivation has to come to achieve success. Some mysterious spark of inspiration that will get you off your bottom doing what you need to get done. If How to Find Motivation to Achieve Your Goals isn’t possible, then why should you even try?
However, nothing could be further from the truth.
Doing, Not Thinking, Gets You Real Results
Time and again, the people who are truly successful in their own lifetimes, are not people who wait for a spark. They are people who get up out of bed every single day, rain or shine and do things that lead to an end result of success. The successful painter paints every single day and if they hate marketing they hire someone to do that for them.
The successful writer writes; the successful doctor – doctors. If you want to be successful at something, do it. Live it. You will succeed. How to Find Motivation to Achieve Your Goals is basically up to you!
Many people get blocked by thinking that someone is better than, smarter than, or any “than” than them. The truth is, successful people aren’t smarter. Take a look at the most famous actresses that you know. Without exception, they are simply people who do their craft every single day. More times than not, they are simply being themselves in front of the camera. They are doing it, not thinking about doing it, and not dreaming of doing it. They go to auditions, get rejected, and then get up the next day and do it again.
Learn about the acronym S.M.A.R.T which stands for “specific, measurable, actionable, realistic, and timely”. Every goal you set should meet that standard. After all, if you cannot be specific enough about what you want so that it can be measured, what is it really? You need to act on it in a realistic manner in a specific time frame. If you can’t it’s not really a goal. It’s a dream – perhaps a pipe dream!
Targets For Your Success
Some people think vision boards are a bunch of hocus pocus. But the truth is, being able to truly visualize yourself experiencing success will go far in helping you actually create success in your life. There are people who are good at seeing it in their mind and believing it, but others need more. Try making a vision board to see your dream down on paper so that you can then decide how to make your S.M.A.R.T. goals.
Follow a Schedule
It can’t be stated enough. Doers do. Successful people do. A “to-do” list isn’t going to cut it; you’re going to need to make a schedule and stick to it. If you want to write a 10,000 word eBook to sell to your target audience, you need to start at the endpoint. Then work your way back to today making a schedule that is realistic. You do this so you can follow it to get the work done when you said you wanted it done. Then let nothing stop you.
Set some smaller goals so that you can feel what success is like. If you’ve never once stuck to anything, you can’t know what success feels like and you have nothing to push you forward. People who experience success like to experience it again. The more success you experience, the more you’re going to realize that you can. It’s self-fulfilling.
Repeat Everything, That’s The Objective
Finally, keep doing it over and over again. With anything, you want to achieve, set the goal, track your success, and do something every single day toward achieving that goal. Again and again. It’s really that simple.
Motivation is a figment of the imagination, and not something that most people have. Most people get up in the morning by hitting the snooze button a few times, and most people do not feel especially happy about doing certain things. What they feel happy about is the end result, the deliverable.
Place your focus there and you will not need any motivation because you will be successful.
In order to set powerful goals that are achievable, take some time to research the dreams you have to find out if they’re even doable. You want to challenge yourself some but don’t make the goals so hard that you experience failure. Continuing with our Goal Series today’s topic is on how to set powerful goals you can achieve.
To ensure maximum success, make sure that your goals meet the following criteria:
Match Your Core Values
The more any goal fits into one of the four main areas of life – Family, Financial, Physical, or Personal – the more likely you are to be able to set a realistic goal that you can achieve. If a goal for some reason doesn’t fit into one of your core values, it’s not likely you’ll experience much success.
Be 100 Percent in Control
While goals that rely on others aren’t wrong, they are harder to achieve. Any goal that you control 100 percent is a goal that you can reach. Do ensure that you’re not letting fear get in your way or blaming fate for your failures, though. Self-limiting beliefs can get in your way on this one. Be realistic about whether you have control or not and give yourself more credit. For example, if you think you don’t have control over your financial future because “that’s just how it is,” you are mistaken. You need to eliminate this line of thinking.
Be Able to Envision the Goal
If you can’t see the end result, it will be very difficult to move forward toward achieving the goal. If you need to draw a picture, make a vision board, or take a day off to fantasize, just do it.
You need to see how it will all fit together in the big picture of your life. You need to see the end to be able to truly achieve it.
Every goal you make needs to be very specific in nature. If you really want to be sure to reach the goal, you have to know when you reached it. Instead of saying “I want to start a business,” state exactly what type of business you want to start. Who will be your clients? There is other information that makes the goal more concrete.
2) Be Measurable
At what point have you achieved the goal? If you can’t give a number or something that is measurable, then you won’t have a real goal. Let’s use the business example above. You might include that you want to earn x amount of dollars each week by a certain date. And then how and why you are going to do it.
3) Be Actionable
To achieve any goal there have to be steps that you can take to get there. Like using a map to reach a destination that you want to go to on vacation. You need to draw a map to your vision of success with the steps and paths you’ll take along the way. Put not only what but when, and how you’ll accomplish the step.
4) Be Realistic
You don’t want to write a goal that is too hard to achieve or worse, impossible. Be sure that it’s scientifically possible to do it by researching everything realistically. For example, you’re not likely going to start a business today and earn six figures by tomorrow or even the first year in business. Look at the research and determine what is doable and how you’ll do it.
5) Be Timely
Every goal has to have a time limit otherwise you may never achieve it. Start with the end and work your way back to today. By creating a list of things to do each day, you’ll be able to finally reach the end result. But, do set a time limit. You can adjust as you get into the project if it works to be more realistic. But resist the urge to change the time because you’re not sticking to your task lists. This right here is powerful!
If you use this method to create powerful goals that you can achieve, you will not experience a lot of failures. You can always adjust your timeline and your goals as you learn more. The important thing is to give each goal a lot of thought, consideration, and study before setting it.
I hope you’re enjoying this series on goal setting. Today’s article on How to Set Powerful Goals You Can Achieve is just one of the many articles in this series.
There is a lot more to goal setting than just picking a goal and moving forward. While that is important, it’s also important to ensure that you are setting the right goals at the right time so that you can truly be successful. In order to ensure that you are setting the right goals for your business, answer the following questions:
Are You Setting Specific and Realistic Goals?
It takes a little research to ensure that a goal is realistic. If you’re not sure if something is actually achievable then you’ve not done enough research. Once you’ve set a goal that is indeed realistic, then you need to be specific enough in your description of it so that it’s also easy. Take the goal and work backward to create a schedule of actions needed to succeed.
Are Your Goals Multifaceted?
Focusing on only one part of your business/life is a bad idea. People live multifaceted lives and need to make goals for all areas of their lives in order to feel successful. If you have a wonderful business but your personal life suffers, then no matter how successful you are, you will not feel successful. Something will always feel as if it’s missing from your life if your goals aren’t inclusive. Therefore, make sure your goals include something from each aspect of your life. Are you setting the right goals for your business?
Scheduling Your Goals
Is Your Scheduling Representative of Real Need?
Once you create the schedule for yourself to reach each goal that you’ve set, you need to truly consider how representative it is of reality. Say your goal is to be healthy and reduce your cholesterol by 10 percent in six months. But, you haven’t set aside the time needed to exercise and eat right. If you don’t schedule the time needed, you won’t succeed because something will always be in your way taking time away from you. It will be very frustrating to practice your schedule because it doesn’t represent reality.
Use your calendar to block out time for each activity. For instance, if you are going to exercise 30 minutes per day, setting aside only 30 minutes isn’t going to be realistic. You’ll probably need to set aside an hour to account for getting ready as well as cooling down or getting cleaned up to go back to work.
Are You Learning from Failure?
Many times when setting goals and creating schedules, instead of learning from failure, people give up. Using the example above, once you implement your schedule to reach the goals that you have set if there are things you’ve forgotten to take into account, don’t give up. Learn from the failure and change the schedule to be more realistic.
You might find that in practice you have to rewrite all your goals and your schedule, but this is perfectly acceptable. Many people believe failure is something negative. The truth is, if you don’t fail sometimes you’re not going to learn much and it’s likely your goals are too easy.
Needs, Wants, Yours, or Someone Else
Do Your Goals Represent Your Needs and Wants or Someone Else’s?
A lot of people set goals that represent what someone else wants instead of what they want. This can really cause a lot of bad feelings and resentment. This can derail the best-laid plans. As you set your goals for your life, ask yourself if they’re really what you want for yourself or what someone else wants for you. Ask yourself if you’re okay with any goal you make for someone else before you embark on your journey.
It’s okay to do things because of someone else, but it’s important that you are honest about that and make some goals for yourself too that don’t involve anyone else’s needs or wants.
Are You Checking in Often to Stay on Track?
Schedules are very important to the success of reaching any goal in life. To-do lists pale in comparison to a well-laid out plan of tasks and activities that get you from point “A” to point “B”. Ensure that you look at your schedule or calendar every morning and every night. Note when you succeed in sticking to your schedule and where you don’t. Noticing a pattern of activity can be helpful in fixing a poorly written schedule as well as staying realistic about whether or not you’re sticking to the plan.
Being Positive And Intentional
Are Your Goals Focused Positively?
When writing a goal, it’s important to write them in a positive way. Or at least in a way that feels positive to you. In the quest to improve your life, try doing this. Write down a goal and then change the words to sound more positive to see if it isn’t more motivating. For instance, “losing weight” seems like a good goal, but for some people, it might signify deprivation. So instead, the person might frame the goal as “improving my BMI by 10 points” or “improving my cholesterol by 10 percent.”
Do You Have Too Many Goals Set at One Time?
Just as setting too few goals can be a problem, so can setting too many. Everyone has a personal life and a business life and points in between. If you have set goals in too many areas of life at once, you might tire yourself out and get overwhelmed. Instead, pick one personal goal, and one other type of goal to focus on. After you reach them, then you can add more goals as time goes on. You don’t need to do everything today. Slow and steady wins the race is a good motto to hang on to.
Setting the right goals for yourself takes some thought and consideration. Don’t try to set all your goals in one day. Instead, set some goals in different stages and in different areas of your life. Give a lot of thought to why you’re making the goal in the first place. It will save you a ton of headaches this way, don’t you think? Are You Setting the Right Goals for Your Business?
If you need assistance with setting your goals, I can help you. Contact me to schedule an appointment. You can use this link -> FREE CALL
Today’s topic is Setting S.M.A.R.T. Business Goals. You have probably come across many articles, books, and audios that stress the importance of setting goals. Hopefully, you have taken the time to sit down and write out goals for yourself. But are you writing S.M.A.R.T. goals? S.M.A.R.T. goals are Specific, Measurable, Attainable, Realistic, and Time-Related. I’m starting a new series of Setting Goals so the first one is Setting S.M.A.R.T. Business Goals. So get your pencils sharpened and your notebook ready because you are going to want to take notes for this series. Make sure you download the free e-book about goal setting also. You can locate it here ->>> Setting S.M.A.R.T. Business Goals
Specific Goals are written out clearly and have a set time frame. When you write out your goals, state what you want, and give it a deadline. A simple goal of “earning money by working from home” becomes much more motivational if you phrase it as “earning $500 per month on a regular basis within sixty days”. Once you know what your plan is, it will be easier to achieve it.
It is important to have Measurable Goals, as they will help you track your progress. If a goal is not measurable, it will be very hard to define when you have actually achieved it. In the example above, by defining how much income you want to earn and giving it a time frame, you will know instantly when those sixty days are over if you have achieved the goal.
An Attainable Goal is a goal you know you can achieve. Don’t be fooled by the word “attainable”. It can still be a challenging goal and require effort to achieve, but it does need to be something you can do. For instance, if your goal is to learn to build websites and you have absolutely no experience, your goal shouldn’t be to build a huge, portal website in a week. An attainable goal would be giving yourself a month to learn the software and build a small, but functioning website. Otherwise, you will be putting pressure on yourself. If you are constantly setting unattainable goals, you may end up doubting yourself and become so afraid of failure that you start procrastinating on easy tasks. Make sure you’re on target to reach these goals.
While it is great to shoot for the stars when you are setting your goals, they also need to be Realistic Goals. Using the first example, the goal wasn’t to earn $500 within a week. Instead, the goal was to earn $500 per month within sixty days. If you are new to working from home, it may take some time for your business to be profitable. Instead of setting one huge goal, break the goal down into manageable “mini-goals”.
You may have noticed that the example goals were Time-Related. There is an old saying that “a goal without a deadline is just a wish”. Having a defined timeline will keep you motivated. If you have an open-ended goal, it will be easier to procrastinate, and therefore, harder to accomplish. However, knowing you need to accomplish something in a set period of time will spur you into action.
What are YOUR S.M.A.R.T. Goals? Use this handy sheet to create yours. Worksheet
gabrielle_cc / Pixabay
Setting S.M.A.R.T. Goals is really important to your business. It’s just like a roadmap to help you follow where you want your business to go. Don’t just make things up on the fly, let me tell you now, it doesn’t work. Sit down today and work on the worksheet to plan your goals. You’ll be glad you did!
If you’d like help setting up your goals, you can contact me to set up an appointment to discuss. Go here —> Discovery Call to schedule an appointment.
There are plenty of business owners who have made their businesses successful through the effective use of goals. The better they become at implementing those goals, the more successful the businesses seem to become. And it is something that people get better at with practice. Why not use these successful experiences to help with your business? Resources to help with your business goals are the topic of discussion for today.
Learn More About Business Goals
The first resource is yourself. Resources found online can be a tremendous help when trying to learn about setting goals. Check YouTube.com for videos on the subject. Be aware that not every video will contain good information. And not every video creator has the expertise to offer. Take each video with a grain of salt.
Udemy and Amazon are also good resources for training on business goals. It takes more effort to get on these platforms, so it is likely to contain trainers/authors with a higher level of expertise. Both platforms allow users to rate the trainers which you can use as a basis for your decision.
Read Profiles of Successful Business Leaders
Many successful business leaders share how they became successful. You will find a common theme among these leaders in the area of setting goals. They may go about different ways to do this. That’s what makes these profiles valuable to use when trying to create your own. If you can find profiles of people within the same industry as you, that is a bonus. But, it is not completely necessary if you can’t.
Industry or Trade Groups
While you’ll see a lot of your competitors on these groups, most are willing to share stories of techniques they have used in their businesses. The information they give is usually relevant to your business as you typically join groups within your industry. LinkedIn.com is becoming a trade group of sorts with the groups that are contained within. Be sure to check this out. You can check mine out here. LinkedIn
Forums and Blogs
People look to forums and blogs for answers to their questions. There are bound to be forums that are within your industry or niche. You can ask for tips about the goals or your business on these forums. You will get much better results when you are active on the forum.
Resources such as Meetup.com could be used to help with formulating your business goals. Find meetups with business owners in your area who are willing to share information on the topic.
I hope this information is useful for you and your business.
Why small business owners don’t set goals is the topic of today’s article. There are several reasons why small business owners fail to set goals. It’s a common problem and can adversely affect their businesses.
The following are some of the more common reasons:
Afraid of Failure
By setting goals, if the business owner doesn’t meet them, others may see this as failing. This can be a fear for the owner and could be a big reason why they don’t set goals.
They Are Not Sure How
This is one of the biggest reasons why small business owners avoid setting goals; they don’t know how. It’s one thing to list a bunch of desires and another entirely to create a plan that may actually move a company forward.
Afraid of Success
Just as strong as failing is what happens when a business owner sees success. Are their companies big enough to handle that success? If they set goals, they may have to take on more activities such as hiring and expansion of facilities, etc.
Are You A Small Business Owner That Doesn’t Set Goals?
Here are a few more reasons why:
Will Be Held Accountable
When you make your goals official, you now have a roadmap that holds you accountable. This means that the expectation is much higher and can put unnecessary pressure on these already busy owners.
Too Time Consuming
It takes time to brainstorm ideas and to create tasks that are associated with the goals. This is time taken away from core business functions. Unless they have employees to take up the slack, many business owners are sole employees and have to manage the day-to-day activities.
Why Bother? You Are the Only One
This was covered somewhat in the previous paragraph but when you are the only person in your business, why do you have to come up with goals? Many small business owners think they know what needs to get done.
Just Go with the Flow
Many smaller business owners are under the impression that they can just wing it, i.e., to go with the flow. The belief is that whatever is going to happen will just happen as if it’s meant to be. Setting up goals is a waste of time for people who feel this way.
While there are business owners who have been successful without setting goals, most struggle with their business. In fact, this could be the single reason why a majority of small businesses won’t last past a couple of years.
So, in conclusion, by having a roadmap, you will be in a much better position to see what is working and what needs help. It sure is better than going back to square one and starting all over again!
Here’s an example of a business roadmap, it’s a screenshot from Product Plan, a resource you might try using for your business.